Weihai Guangwei Composites Co., Ltd. Class ASZSE: 300699

Weihai Guangwei Composites Co: Q3 revenue jumped 42.63% year-over-year, led by strong carbon fiber and energy materials growth

· Issued by Weihai Guangwei Composites Co., Ltd. Class A

Q3 2024 revenue surged 42.63% year-over-year to ¥746 million, with net profit up 18.62%. Year-to-date, revenue rose 8.90% but net profit dipped 1.00%, as carbon fiber and energy new materials segments showed growth while general new materials lagged.

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